Finance

National Bank Unveils Quebec Headquarters as It Expands in West

  • The skyscraper cost $370 million and took six years to build
  • Quebec-based bank is looking to expand in West with CWB deal

The National Bank of Canada headquarters in Montreal, Quebec.

Photographer: Nasuna Stuart-Ulin/Bloomberg
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National Bank of Canada is reinforcing its presence in Montreal with the opening of a statement-making head office as it looks to expand dramatically outside of the French-speaking province.

Canada’s sixth-largest lender will celebrate the official opening of its new headquarters Thursday, unveiling a 40-story tower dubbed National Bank Place, among the city’s tallest. It took almost six years to build and cost about C$500 million ($370 million).